Actuarial Graduate Programme (London Area)
Actuarial Graduate Programme (London Area)

Actuarial Graduate Programme (London Area)

London Part-Time 31000 - 41000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Savings & Retirement Actuarial Team, working on pricing activities across global markets.
  • Company: Pacific Life Re is a leading global reinsurance company with over 150 years of expertise.
  • Benefits: Enjoy a competitive salary of £37,000, generous study support, and opportunities for team rotations.
  • Why this job: Gain hands-on experience, develop into a well-rounded Actuary, and embrace a culture of diversity and inclusion.
  • Qualifications: A-level Maths (A grade) and a predicted or obtained 2:1 in a STEM degree are required.
  • Other info: Applications close on 22nd June 2025; early applications are encouraged.

The predicted salary is between 31000 - 41000 £ per year.

Pacific Life Re Actuarial Graduate Programme - London

Start Date – August or September 2025 (flexible) £37,000 plus excellent benefits.

We are looking for 2 additional graduates to join our Savings & Retirement Actuarial Team to work in pricing related activities across our global markets. You will ideally join us in August ahead of our September graduate cohort, at which point you will all follow the graduate rotational programme together. A September start date is also acceptable.

About Us: Pacific Life Re is a global reinsurance company with a strong presence in Europe, Asia, Australia, and North America. With a focus on innovative products and services in areas such as Life, Critical Illness, Income Protection, and Longevity, we have a legacy of over 150 years of expertise. Backed by our parent company, Pacific Life, we have a commitment to intelligent risk-taking, a selective approach to talent acquisition, and investments in cutting-edge analytical technologies.

What We’re Looking For: We’re looking for talented, technical-minded, ambitious, and hard-working graduates to join the Savings & Retirement team in our London office as an Actuarial Analyst. At Pacific Life Re, we encourage a fresh perspective and value those who are willing to challenge conventional thinking. To succeed in our Graduate Programme, you should possess the following qualities:

  • Strong numeracy skills and the ability to analyse and interpret data.
  • A collaborative and team-oriented mindset.
  • Excellent written communication skills in English.
  • Strong interpersonal skills.

Minimum Requirements: To be eligible for our programme, candidates must meet the following minimum requirements:

  • An A grade in A-level Maths or a related Maths subject.
  • A predicted or obtained 2:1 grade in a STEM undergraduate degree.

What We Offer: Should you be successful in your application, you will begin working within our S&R pricing team, gaining hands-on experience from a range of actuarial projects. We provide a generous study package of study days and financial support to help you qualify as an Actuary. You will also join our graduate scheme which will enable future rotations into other teams. All of this will develop you into a well-rounded Actuary, with a broad understanding of our business and the services that we provide to our clients. We have designed a rotations programme to give our graduates broad actuarial knowledge and future rotations will give you the opportunity to spend time in a variety of different Actuarial teams including Pricing, Valuation, Modelling and R&D. You'll be given stimulating, hands-on roles and have the opportunity to apply the skills you develop across a broad range of projects.

Supporting Our Team Members: Pacific Life Re’s vision is to have a culture that embraces Diversity and Inclusion; where everyone’s views and ideas are valued and where everyone has the same opportunity to fulfil their potential. We strongly believe it’s not just about adding diversity and educating our employees to draw on our differences to change our business, it’s about how well we are listening to – and learning from – the diversity that we already have within the business. We foster open conversations and we are actively training our employees, helping us to unite, learn and grow.

To make an application and for more information about our culture and to learn what a typical day entails please visit Graduate information | Pacific Life Re.

Application Deadline: Sunday 22nd June 2025 but early applications are encouraged and we reserve the right to close early.

Telephone Interviews: Monday 30th June – Friday 4th July (with some flexibility).

Assessment Centre in our London office: Tuesday 15th July 2025.

If you have any further questions please email PLRe@acrobat-talent.com.

Actuarial Graduate Programme (London Area) employer: Pacific Life Re

Pacific Life Re is an exceptional employer, offering a dynamic and inclusive work culture in the heart of London. With a strong commitment to employee development, our Actuarial Graduate Programme provides generous study support and diverse rotational opportunities across various actuarial teams, ensuring you gain comprehensive industry knowledge. Join us to be part of a forward-thinking team that values fresh perspectives and fosters collaboration, all while enjoying competitive benefits and a vibrant city lifestyle.
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Contact Detail:

Pacific Life Re Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Graduate Programme (London Area)

✨Tip Number 1

Familiarise yourself with the latest trends in actuarial science and the specific areas of focus for Pacific Life Re, such as Savings & Retirement. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of Pacific Life Re on platforms like LinkedIn. Ask them about their experiences and any tips they might have for succeeding in the Graduate Programme. This can provide you with valuable insights and potentially a referral.

✨Tip Number 3

Prepare for the assessment centre by practising common actuarial problems and case studies. Being able to showcase your analytical skills and problem-solving abilities in a practical setting will set you apart from other candidates.

✨Tip Number 4

Demonstrate your teamwork and communication skills through examples from your academic or extracurricular activities. Pacific Life Re values collaboration, so showing how you've successfully worked in teams will resonate well with the interviewers.

We think you need these skills to ace Actuarial Graduate Programme (London Area)

Strong Numeracy Skills
Data Analysis and Interpretation
Excellent Written Communication Skills
Interpersonal Skills
Team Collaboration
Problem-Solving Skills
Attention to Detail
Technical Aptitude in Actuarial Science
Adaptability
Critical Thinking
Proficiency in Statistical Software
Understanding of Financial Concepts
Time Management
Ability to Work Under Pressure

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Actuarial Graduate Programme. Familiarise yourself with the skills needed, such as strong numeracy and analytical abilities.

Tailor Your CV: Craft your CV to highlight relevant academic achievements, particularly in Maths or related subjects. Include any projects or experiences that demonstrate your analytical skills and teamwork capabilities.

Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of Pacific Life Re that attract you, and explain how your background aligns with their values and the programme's goals.

Proofread Your Application: Ensure that your application is free from spelling and grammatical errors. A well-written application reflects your attention to detail and strong communication skills, which are essential for this role.

How to prepare for a job interview at Pacific Life Re

✨Brush Up on Your Maths Skills

Given the emphasis on strong numeracy skills for the Actuarial Graduate Programme, make sure to review key mathematical concepts and data analysis techniques. Be prepared to demonstrate your analytical abilities during the interview.

✨Showcase Teamwork Experience

Pacific Life Re values a collaborative mindset, so think of examples from your academic or extracurricular activities where you successfully worked in a team. Highlight your role and how you contributed to achieving a common goal.

✨Prepare for Technical Questions

Expect technical questions related to actuarial concepts and data interpretation. Familiarise yourself with common actuarial practices and be ready to discuss how you would approach real-world problems in pricing and risk assessment.

✨Demonstrate Your Communication Skills

Excellent written and verbal communication is crucial. Practice explaining complex ideas clearly and concisely, as you may need to convey technical information to non-technical stakeholders during your role.

Actuarial Graduate Programme (London Area)
Pacific Life Re
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